Sezzle Inc. (NASDAQ:SEZL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Sezzle Inc. (NASDAQ:SEZL) have received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $113.00.

Several research analysts recently weighed in on SEZL shares. Cowen initiated coverage on shares of Sezzle in a research report on Thursday, September 11th. They set a “hold” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Sezzle in a report on Tuesday. TD Cowen started coverage on Sezzle in a research report on Thursday, September 11th. They issued a “hold” rating and a $82.00 target price on the stock. B. Riley boosted their price target on Sezzle from $101.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Finally, Wall Street Zen raised Sezzle from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th.

Insiders Place Their Bets

In other news, Director Kyle M. Brehm purchased 1,217 shares of the stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average price of $57.50 per share, with a total value of $69,977.50. Following the transaction, the director owned 24,129 shares in the company, valued at $1,387,417.50. The trade was a 5.31% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Karen Hartje sold 5,484 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $85.00, for a total value of $466,140.00. Following the completion of the transaction, the chief financial officer owned 116,053 shares in the company, valued at $9,864,505. This represents a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 49.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sezzle

A number of institutional investors have recently made changes to their positions in the stock. Divisadero Street Capital Management LP boosted its stake in shares of Sezzle by 64.7% in the third quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock valued at $118,867,000 after purchasing an additional 587,129 shares during the period. Vanguard Group Inc. lifted its holdings in Sezzle by 4.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,016,768 shares of the company’s stock worth $80,864,000 after buying an additional 46,760 shares in the last quarter. Geode Capital Management LLC boosted its position in Sezzle by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 439,799 shares of the company’s stock valued at $78,842,000 after buying an additional 7,067 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of Sezzle in the second quarter worth $71,770,000. Finally, State Street Corp grew its stake in shares of Sezzle by 5.9% in the second quarter. State Street Corp now owns 355,242 shares of the company’s stock worth $63,677,000 after acquiring an additional 19,706 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Sezzle Stock Up 4.4%

SEZL stock opened at $61.43 on Friday. Sezzle has a one year low of $24.86 and a one year high of $186.74. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.52 and a current ratio of 3.52. The firm’s fifty day moving average is $69.96 and its 200 day moving average is $103.41. The firm has a market cap of $2.10 billion, a PE ratio of 19.01 and a beta of 8.63.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results on Tuesday, November 19th. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $40.84 million for the quarter. Sezzle had a return on equity of 90.06% and a net margin of 27.66%. On average, research analysts forecast that Sezzle will post 9.77 EPS for the current year.

About Sezzle

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.